7-Eleven’s Japanese owner appoints American CEO to fend off $47 billion takeover bid
Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.
7-Eleven owner names new CEO, plans to go public as it fights takeover bid by Quebec's Couche-Tard
Japan's Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival.
7-Eleven parent names new CEO and plans IPO in US as it fights a takeover bid by Circle K's owner
Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival.
7-Eleven Owner Names New CEO, Announces IPO Plan for North American Unit
Seven & i Holdings named director Stephen Dacus as the new chief executive and said it aims to list its North American convenience-store unit by the end of 2026.
Seven & i names new CEO, unveils 7-Eleven IPO and stock buyback plans
Seven & i (OTCPK:SVNDY) has appointed its first foreign CEO, and announced plans to take its convenience store business public and implement an over $13B stock buyback, as it seeks to unlock significant shareholder value.
7-Eleven owner reveals share buyback and US subsidiary IPO plans
Eleven's Japanese owner, Seven & i, announced measures to counter a Canadian takeover, including a $13.2 billion share buyback and IPO of its US unit. They also appointed Stephen Hayes Dacus as the first foreign CEO.
7-Eleven to Split U.S. Stores and Buy Back Shares to Prevent Takeover
Seven & i Holdings, the Japan-based owner of the worldwide chain, said it aims to list its North American convenience-store ...
7-Eleven Taps American Executive to Help Keep It Out of Canadian Hands
The Japanese owner of the chain also announced a plan to list its U.S. convenience store business as it tries to fend off a ...
7-Eleven is splitting into two companies to avoid a takeover
7-Eleven stores in the U.S. and Japan may share a name and logo but there is a significant difference in both products and ...
7-Eleven Owner Keeps Walking a Tightrope
Ever since a Canadian suitor came along with a takeover proposal, the owner of 7-Eleven has been grappling with two seemingly ...
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7-Eleven Parent Plans To Shed North American Business, Fend Off Canadian Takeover
Eleven parent company Seven & i wants to spin off its North American convenience store business, which includes roughly ...
‘All the food places you can pick from’: Man says only ‘desperate’ people eat at 7-Eleven. It backfires
Late last year, 7-Eleven announced that it will build 500 “food forward” locations between 2025 and 2027, Chain Store Age reported. Part of this strategy is to account for a decline in purchases of ...
7-Eleven parent co. selects new CEO, holds initial public offering
Seven & i Holdings, 7-Eleven’s parent company, announced Thursday that Stephen Hayes Dacus, who currently serves as the ...
7-Eleven parent company announces restructuring and CEO change
In a major restructuring Seven & i Holdings, parent company of 7-Eleven, said Thursday that Stephen Dacus will become its new ...